Chimera Investment Corporation Sponsors Two Residential Mortgage Loan Securitizations
NEW YORK--(BUSINESS WIRE)--On June 25, 2021, Chimera Investment Corporation (NYSE:CIM) sponsored CIM 2021-R4, a $545.7 million securitization of seasoned reperforming residential mortgage loans. The mortgage loans for the securitization were from the termination of Chimeras CIM 2018-R1, CIM 2018-R2, and CIM 2018-R4 securitizations (the Prior Securitizations). Securities issued by CIM 2021-R4, with an aggregate balance of approximately $463.8 million, were sold in a private placement to insti
Chimera Investment Corporation Sponsors Two Residential Mortgage Loan Securitizations
NEW YORK--(BUSINESS WIRE)--On June 25, 2021, Chimera Investment Corporation (NYSE:CIM) sponsored CIM 2021-R4, a $545.7 million securitization of seasoned reperforming residential mortgage loans. The mortgage loans for the securitization were from the termination of Chimeras CIM 2018-R1, CIM 2018-R2, and CIM 2018-R4 securitizations (the Prior Securitizations). Securities issued by CIM 2021-R4, with an aggregate balance of approximately $463.8 million, were sold in a private placement to insti